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<p>[QUOTE="robinjojo, post: 6628534, member: 110226"]True, especially for the high-end "glamor" coins. Still, the base of the hobby, actually I would argue the foundation, of the hobby has always been the collectors of low cost coins. </p><p><br /></p><p>This is especially true for the growing middle class, a result of the Industrial Revolution. The growing income gave families to purse activities outside the necessities of life, including coin collecting. I think you are right pegging the date 1945 forward (the post-war boom) for the expansion of coin collecting, but I think the collecting of common coins at the time, such as Indian head pennies, buffalo nickels, often in highly circulated condition was widespread prior to 1945 as well.</p><p><br /></p><p>Getting back to the present, yes, prices seem to have increased for certain coins, again mostly for super rare or high grade coins, and there have been more modest gains for mid-range coins as well. </p><p><br /></p><p>Other coins, especially those that have flooded the market over the past few years, may offer good buying opportunities, such as the Athenian tetradrachms that seem to be washing onto the shores of auction houses and retail seller websites in considerable numbers. While the rare Starr groups and super high-grade/desirable coins have seen major hammer price jumps, the mid-range (fine to very fine) coins may pose buying opportunities for astute collectors seeking one of these coins for type. This is a classic situation of a coin saturating the market, and the market absorbing the supply over time. This has happened time and time again.[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 6628534, member: 110226"]True, especially for the high-end "glamor" coins. Still, the base of the hobby, actually I would argue the foundation, of the hobby has always been the collectors of low cost coins. This is especially true for the growing middle class, a result of the Industrial Revolution. The growing income gave families to purse activities outside the necessities of life, including coin collecting. I think you are right pegging the date 1945 forward (the post-war boom) for the expansion of coin collecting, but I think the collecting of common coins at the time, such as Indian head pennies, buffalo nickels, often in highly circulated condition was widespread prior to 1945 as well. Getting back to the present, yes, prices seem to have increased for certain coins, again mostly for super rare or high grade coins, and there have been more modest gains for mid-range coins as well. Other coins, especially those that have flooded the market over the past few years, may offer good buying opportunities, such as the Athenian tetradrachms that seem to be washing onto the shores of auction houses and retail seller websites in considerable numbers. While the rare Starr groups and super high-grade/desirable coins have seen major hammer price jumps, the mid-range (fine to very fine) coins may pose buying opportunities for astute collectors seeking one of these coins for type. This is a classic situation of a coin saturating the market, and the market absorbing the supply over time. This has happened time and time again.[/QUOTE]
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